Glover Park Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Glover Park Wealth Management reports 190 clients. They include 126 individual clients, 36 high-net-worth individuals, and 28 pension and profit-sharing plans. Of its assets, 96.5% ($139M across 334 accounts) are managed with discretion; $5M across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 66% | 17% |
| High-net-worth individuals | 19% | 41% |
| Pension and profit-sharing plans | 15% | 43% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 126 | $24.1M | 16.7% | $191K |
| High-net-worth individuals | 36 | $58.5M | 40.5% | $1.62M |
| Pension and profit-sharing plans | 28 | $61.7M | 42.8% | $2.2M |
| Total | 190 | $144M | 100% | $759K |
- Clients
- 126
- Regulatory AUM
- $24.1M
- AUM share
- 16.7%
- Avg. per client
- $191K
- Clients
- 36
- Regulatory AUM
- $58.5M
- AUM share
- 40.5%
- Avg. per client
- $1.62M
- Clients
- 28
- Regulatory AUM
- $61.7M
- AUM share
- 42.8%
- Avg. per client
- $2.2M
Total
- Clients
- 190
- Regulatory AUM
- $144M
- AUM share
- 100%
- Avg. per client
- $759K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Glover Park Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial planning is billed at $300 an hour, or as a fixed engagement fee typically $2,500 to $5,000; negotiable.
- Retirement Plan Advisory Services
- Retirement plan advisory services carry an annual asset-based fee of up to 1.25%, negotiable by plan size and complexity.
Michael Jobe owns 75% or more of Glover Park Wealth Management. The leadership team of Glover Park Wealth Management includes Chief Compliance Officer Michael Jobe. It has 3 employees, 2 of them in advisory roles.
Leadership
- Michael JobePrincipal and Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- 1 soliciting firm
- Owns 75% or more of Glover Park Wealth Management, LLC
Michael Jobe
Control person · since June 2020
Glover Park Wealth Management’s regulatory assets grew from $120M (June 2025) to $144M (September 2026); clients rose from 141 to 190 and employees from 1 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $144M | 190 | 3 | 2 |
| June 2025 | $120M | 141 | 1 | 1 |
Besides its headquarters, Glover Park Wealth Management has 1 office (1 private residence, listed without an address), with 1 listed address in Virginia.
Virginia · 1 listed address
- 4201 Wilson Boulevard, 3rd Floor, Suite 27, ArlingtonHQ
Contact and registration details
- Legal name
- Glover Park Wealth Management, LLC
- Headquarters
- 4201 Wilson Boulevard, 3rd Floor, Suite 27, Arlington, VA 22203
- Website
- gloverparkwealth.com
- Phone
- 202-926-3636
- @glover-park-wealth-management
- SEC file
- 801-132110
- Structure
- Virginia LLC
- Fiscal year end
- December
Glover Park Wealth Management uses Charles Schwab ($82.6M, 60%) and Adp Broker-Dealer ($55.2M, 40%) as custodians for its separately managed accounts. Glover Park Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $82.6M60%
- Adp Broker-DealerAdp Broker-Dealer, Inc. · Roseland, NJ · $55.2M40%
At year end, Glover Park Wealth Management’s separately managed accounts were largely in funds (48%) and stocks (25%).
What the accounts hold
- Stocks25%
- Funds48%
- Registered funds44%
- Pooled vehicles4%
- Bonds12%
- Cash15%
How many clients does Glover Park Wealth Management have?
Glover Park Wealth Management has 190 clients and manages $144 million for them, as of September 2026. They include 126 individual clients, 36 high-net-worth individuals, and 28 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 September 2026
What services does Glover Park Wealth Management offer?
Glover Park Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Glover Park Wealth Management use?
Glover Park Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $82.6M and Adp Broker-Dealer, Inc. (Roseland, NJ), with $55.2M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 September 2026
How many financial advisors does Glover Park Wealth Management have?
Glover Park Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Glover Park Wealth Management invest in?
At the end of its last fiscal year, Glover Park Wealth Management’s separately managed accounts held 44% registered funds (mutual funds, ETFs, BDCs), 25% exchange-traded equities, 15% cash and equivalents, 12% U.S. government and agency bonds and 4% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Glover Park Wealth Management?
Glover Park Wealth Management’s direct owner is Michael Jobe (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 September 2026
How does Glover Park Wealth Management get paid?
Glover Park Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Glover Park Wealth Management?
Glover Park Wealth Management’s main office is at 4201 Wilson Boulevard, 3rd Floor, Suite 27, Arlington, VA 22203. Its phone number is 202-926-3636. Its website is gloverparkwealth.com.